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The Regional Comprehensive Economic Partnership Agreement (RCEP) helps China's agricultural trade move toward implementing a high-level opening to the outside world and promote high-quality development

Fresh Cabbage
Japan
Published Mar 24, 2021

Tridge summary

Let’s look at a piece of heavy news: A few days ago, the Chinese government has formally approved the Regional Comprehensive Economic Partnership Agreement (RCEP). According to regulations, the full entry into force of RCEP requires the approval of at least 9 of the 15 member states, that is, at least 6 Three ASEAN member states and at least three countries including China, Japan, South Korea, Australia, and New Zealand. China has taken a crucial step, indicating that RCEP is one step closer to its effective implementation. Let’s look at another micro lens: as a popular blog for cultural exchanges between China and South Korea. The main Korean youth, Xiao Fang, recently released the latest video work "How to Sell Korean Agricultural Products" on the Internet. In the video, Xiao Fang’s mother introduced to Chinese netizens one by one the price of Korean agricultural products converted into RMB. "700 grams Small tomatoes are 40 yuan, 500 grams of pork is 80 yuan, 170 grams of beef is 130 yuan... Especially for Koreans who can’t live without kimchi for three meals, if the production of Chinese cabbage is reduced, a single Chinese cabbage is cheap for 100 yuan. That’s right!” Xiao Fang’s mother screamed, “Fortunately, the imported Chinese cabbage from China in recent years has guaranteed our market supply to a certain extent.” The food problem, the world together; firewood, rice, oil and salt, the world’s concern. The trade of agricultural products among countries. Circulation makes it one of the most active and important categories in global commodity trade. The advent of RCEP marks the birth of a free trade zone with the largest population, the largest economic and trade scale, and the most potential for development in the world. After the agreement officially enters into force , 90% of the goods trade between the parties will gradually or immediately achieve zero tariffs.

Original content

Let’s look at a piece of heavy news: A few days ago, the Chinese government has formally approved the Regional Comprehensive Economic Partnership Agreement (RCEP). According to regulations, the full entry into force of RCEP requires the approval of at least 9 of the 15 member states, that is, at least 6 Three ASEAN member states and at least three countries including China, Japan, South Korea, Australia, and New Zealand. China has taken a crucial step, indicating that RCEP is one step closer to its effective implementation. Let’s look at another micro lens: as a popular blog for cultural exchanges between China and South Korea. The main Korean youth, Xiao Fang, recently released the latest video work "How to Sell Korean Agricultural Products" on the Internet. In the video, Xiao Fang’s mother introduces the prices of Korean agricultural products converted into RMB to Chinese netizens. Small tomatoes are 40 yuan, 500 grams of pork is 80 yuan, and 170 grams of beef is 130 yuan... ...
Source: Agri.cn
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